Author: Dan Retzer, senior vice president and chief technology officer, SunGard’s North American securities business and SunGard’s XSP
A version of this article originally appeared in Bobsguide.
One person’s risk is another person’s reward. A trite phrase, to be sure, though the sentiment is far subtler. Conditional evaluations such as “risk,” or “good” and “bad,” are subjective judgments, which have long been the bane of IT and computing systems. The programs, algorithms, reports and systems that we rely on to help us evaluate risk are all derived from the more objective binary logic that their creators wielded.
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